Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.96% against the USD and closed at USD56.61 per barrel, amid renewed supply concerns after a major Nigerian oil union threatened to launch a nationwide strike. In … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.47% against the USD and closed at USD15.76 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.79, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.37% against the USD and closed at USD1249.10 per ounce, as increased risk appetite among investors boosted the US Dollar and dented demand for the safe-haven metal. In the … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.25% against the USD and closed at USD56.07 per barrel, after the Energy Information Administration (EIA) report showed a decrease in US crude oil stockpiles, but an … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading slightly higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.81% against the USD and closed at USD15.99 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.00, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.21% against the USD and closed at USD1265.60 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at 1265.90, with … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil reverses its losses, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.09% against the USD and closed at USD57.36 per barrel. Meanwhile, the American Petroleum Institute (API) indicated that US crude oil stockpiles fell by 5.5 million barrels … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading flat in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.44% against the USD and closed at USD16.12 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.12, with silver trading flat against the USD … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading slightly higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.86% against the USD and closed at USD1268.40 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at 1268.70, with … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading on a stronger footing, ahead of API’s weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD57.41 per barrel, amid concerns over rising US crude production, after the US drillers added more oil rigs last week. … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading marginally higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.34% against the USD and closed at USD16.36 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.36, with silver trading a tad higher against … Continue reading

Posted in Silver | Comments Off